RAK Petroleum plc reported consolidated earnings results for the year ended December 31, 2015. Loss before tax was $75.46 million against $110.90 million a year ago. Loss for the year was $75.46 million or $0.242 basic and diluted per share against $110.90 million or $0.357 basic and diluted per share a year ago.

Net cash flows used in operating activities was $9.58 million against $9.13 million a year ago.